I think we will see a "rotation" or a "shift" of miners when the difficulty goes up.

The new and more efficient miners will push the less efficient/profitable miners out of the market. The difficulty will probably keep going up slowly, but this effect should keep it in check somewhat.

oh, the people that mine for a loss will drive the profitable miners out of the market? surely you arent talking about those $500 FPGAs

i'd rather get pushed out by the hordes of zombified computers

I mine with FPGA's and I live where the electricity is dirt cheap. My FPGA's should pay themselves off in a few months, I am VERY far from mining at a loss.

I imagine others like me will push out people mining with GPUs where the electricity is costly. I can keep mining at a profit with a high difficulty/low price, botnets and other FPGA miners permitting.

How much do you pay for electricity? Wondering what is lifecycle of fpgas. 2 years, even lesser maybe? Warranty for BFL Singles is just 6 months, a fucking joke. Hope it will not die a bit later after it'll end.

I think we will see a "rotation" or a "shift" of miners when the difficulty goes up.

The new and more efficient miners will push the less efficient/profitable miners out of the market. The difficulty will probably keep going up slowly, but this effect should keep it in check somewhat.

oh, the people that mine for a loss will drive the profitable miners out of the market? surely you arent talking about those $500 FPGAs

i'd rather get pushed out by the hordes of zombified computers

I mine with FPGA's and I live where the electricity is dirt cheap. My FPGA's should pay themselves off in a few months, I am VERY far from mining at a loss.

I imagine others like me will push out people mining with GPUs where the electricity is costly. I can keep mining at a profit with a high difficulty/low price, botnets and other FPGA miners permitting.

How much do you pay for electricity? Wondering what is lifecycle of fpgas. 2 years, even lesser maybe? Warranty for BFL Singles is just 6 months, a fucking joke. Hope it will not die a bit later after it'll end.

what's the collective thought on liquid cooling to deal with the heat? figured i'd ask here, since you're discussing heat...

I can't speak for the collective, but I can speak for myself.

Liquid cooling will obviously keep your cards cooler.

However, I think you'll still have the same amount of heat, it just might be easier to manage it. That is, instead of the cards warming up more and blowing how air all over the place, you'll have a radiator of sorts to dissipate the heat from the water.

And there's the added expense to going liquid cooling. And the risk of something going wrong and frying a bunch of components. Unless you submerge the whole thing in non conductive oil.

My .1 BTC worth.

M

I mine at Kano's Pool because it pays the best and is completely transparent! Come join me!

This is bullshit, why the hell isn't bitcoin following the basic laws of supply and demand ?

What the hell is going on with the hashrate ? It can't be FPGA's yet and why the hell would people be throwing money at GPU's right now?

just weird.

I see a lot of shit hitting ...the stove apprently , calm down guys. Back to the topic. Ok, difficulty and price are not 100% correlated!!! Stop whining and make some decent web sites offering products for bitcoins and maybe invest into bitcoin ATMs